WHAT OUR MEMBERS SAY
WHAT OUR MEMBERS SAY
About SchoolsFirst FCU

“The Credit Union has something for everyone, from someone who is financially savvy to a person who just needs basic services.”


– Amy C.
Member Since 2010

About SchoolsFirst FCU
MOST POPULAR CONTENT
MEMBER FAVORITES Estate Planning & Trust Services
Meet Our Financial Advisors
457(b) Investment Providers
403(b) Investment Providers
Mutual Funds
457(b) Deferred Compensation Plans
457(b) Deferred Compensation Plans

457(b) is offered through CUNA Brokerage Services, Inc.1, a broker/dealer focused on serving credit union members. CUNA Brokerage Services, Inc. is an affiliate of CUNA Mutual Group.

 

Check the background of our investment professionals on FINRA's BrokerCheck.

 

CBSI is under contract with the Credit Union to make securities available to Members.

 

Tax-Deferral for Even More of Your Retirement Assets

Offered by SchoolsFirst Plan Administration, LLC

 

Some school districts sponsor 457(b) deferred retirement plans, which are available to school employees working at least 20 hours a week.

 

The SchoolsFirst Plan Administration 457(b) Plan offers both an investment option, offered through the SchoolsFirst/Nationwide Retirement Builder Plan, and a share certificate* option, offered through SchoolsFirst Federal Credit Union. Retirement Builder Plan is available to school employees in districts where SchoolsFirst Plan Administration, LLC serves as Third-Party Administrator.

 

457(b) plans operate much like 403(b) plans in terms of taxes and loans:

  • Contributions up to certain limits are pre-tax, reducing your current federal and state income taxes
  • Earnings on your investment grow tax deferred, giving you a much larger nest egg than a similar taxable investment
  • Distributions are taxable at current tax rates as ordinary income; distributions may be made at 59½, when you leave your employer, or in the case of death, disability or unforeseeable emergency; distributed funds cannot be rolled back into the plan, and penalties may apply in some cases
  • You can take loans against your 457(b) while still employed without penalty in most cases. Loan repayment terms and interest rates are determined by your investment provider

Help reduce your taxes today while maintaining flexibility for the future.

 

SchoolsFirst FCU Plan Vue®

Access to your retirement plan is faster and more convenient when using SchoolsFirst FCU Plan Vue®. Features include: 24/7 access, ability to adjust your deferral amounts, view your year-to-date summary, and view your 403(b) and 457(b) plan limits.

 

 

Returning Users

Log in to SchoolsFirst FCU Plan Vue®

New Users

Use these steps to establish your account access:

  1. In the User ID box, enter your 9-digit Social Security number (no dashes or spaces)
  2. In the Password box, enter the last 4 digits of your Social Security number (no dashes)
  3. Follow the prompts to complete your SchoolsFirst FCU Plan Vue® profile

Get started now

 

457(b) is offered through CUNA Brokerage Services, Inc.1, a broker/dealer focused on serving credit union Members. CUNA Brokerage Services, Inc. is an affiliate of CUNA Mutual Group. For more information about CUNA Brokerage Services, Inc., please visit cunabrokerage.com.

 

Get Started

Online

Request a complimentary consultation with a retirement advisor1

 

Call

Call 

 

800.462.8328 ext. 4116

Monday through Friday, 8 a.m. - 5 p.m.

 

Email request for complimentary consultation with a financial advisor

Email

Contact a retirement specialist by sending an email to retirementadvisors@schoolsfirstfcu.org

Disclosures

Please consult a qualified tax professional for tax advice on your specific circumstances.


*Membership Required

1Financial professionals are registered representatives of CUNA Brokerage Services, Inc. Representatives are registered, securities sold, advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and investment advisor, which is not an affiliate of the credit union. CBSI is under contract with the Credit Union to make securities available to Members. Not NCUA/NCUSIF/FDIC insured, may lose value, no financial institution guarantee, and not an obligation of the Credit Union. Not a deposit of any financial institution. CUNA Brokerage Services, Inc. is a registered broker/dealer in all fifty States of the United States of America. FR-3438580.1-0221-0323

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RELATED CONTENT
RELATED CONTENT
Retirement & Investment Forms •  Retirement & Investment Forms
 
 
403(b) and 457(b) Plan Administration •  403(b) and 457(b) Plan Administration
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